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ARTICLE · 31 DECEMBER 2015

CFPB Takes Action Against Lead Aggregators

Morrison Foerster
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On December 17, 2015, the Consumer Financial Protection Bureau ("CFPB") announced that it has taken action against lead aggregators that resold sensitive personal information to lenders and debt collectors.

United StatesFinance and Banking

On December 17, 2015, the Consumer Financial Protection Bureau ("CFPB") announced that it has taken action against lead aggregators that resold sensitive personal information to lenders and debt collectors. In a complaint against T3Leads and a consent order against a sole proprietorship ("Lead Publisher"), the CFPB alleged that the lead aggregators exposed millions of consumers to unfair and abusive acts and practices.

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Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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